Losses at Itim Group to beat market expectations as sales rise February 29, 2024 Technology company itim Group has said its pre-tax losses are anticipated to be ahead of market expectations when it announces its full results for 2023.
Ocado: Surging tech solutions growth drives sales for Sparks-linked online grocer February 29, 2024 Online grocery company Ocado has reported improved revenues driven by improvements in its retail and technology businesses.
Silverbullet slashes losses as switch to AI by global giants boost sales February 29, 2024 AI firm Silverbullet slashed its losses and saw its revenue surge during 2023 thanks to a major shift by global brands.
Dyson powers up tech investment after hitting record global sales February 29, 2024 Dyson is now gearing up for its biggest line of product launches to date after hitting record global revenues of £7.1bn in 2023.
Amazon to invest in more robots to speed up deliveries and packing February 28, 2024 Amazon is ramping up investment into robotics as it looks to speed up its packaging and delivery processes.
As The New York Times and OpenAI go to war, smaller publishers are being left behind February 28, 2024 As the landmark legal battle between The New York Times and OpenAI continues, the fate of smaller publishers is being ignored.
Why Meta’s Northern Europe chief is going all in on AI February 27, 2024 Derya Matras, Meta's vice president for Northern Europe, sits down with City A.M. to explain how the company is looking to harness the power of AI and why the firm still believes in the Metaverse.
AI will design drugs in the next couple of years, says Google Deepmind boss February 27, 2024 The chief of Google DeepMind has said artificial intelligence (AI) could be designing drugs in clinics within the next couple of years.
Covid unicorn Hopin enters liquidation as it moves head office to US February 26, 2024 Tech unicorn Hopin, which was once worth $7.75bn, has entered liquidation less than a year after it sold off its titular events platform.
Big tech faces backlash over big water consumption February 25, 2024 Tech giants like Microsoft, Google, and Meta have ramped up their water usage to cool their data centres, increasingly used for AI services.